XAUUSD Technical Analysis 8th May 2025 1h chart

XAUUSD Technical Analysis 8th May 2025 1h chart
– Wednesday Daily candle closed Bearish at 3363.700 forming Daily Resistance at 3437.500.

– I’ll be looking for potential Buys above 3390.700 targeting Strong Key Level at 3410.000 Leaving Runners to the 4h Resistance formed at 3431.500.


– I’ll be looking for potential Sells below 3352.000 targeting 4h Support at 3328.000 Leaving Runners to the next 4h Support formed at 3310.000.


– Daily resistance formed as the Federal Reserve holds rates steady — will this level hold and trigger a deeper pullback, or is bullish momentum still in play?